Business · 18/12/2013

Guarantee Fee Rates for Guaranteed Loans for Fiscal Year 2014; Maximum Portion of Guarantee Authority Available for Fiscal Year 2014; Annual Renewal Fee for Fiscal Year 2014

The US Agency is setting a 1.5% annual renewal fee for the Business and Industry (B&I) Guaranteed Loan Program for Fiscal Year 2014, with a maximum guarantee fee of 3% as authorized by the 2014 Appropriations Bill. This fee will apply to all loans made under the program in FY 2014.